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NBA legend Julius "Dr. J" Erving in legal troubles!

posted 4 Jun 2012, 04:21 by Mpelembe Admin   [ updated 4 Jun 2012, 04:22 ]

NBA legend Julius "Dr. J" Erving loses $230,000 in lawsuit!

"Dr. J" is being sued for lots of money!

LOS ANGELES, CALIFORNIA, UNITED STATES (FEBRUARY 19, 2011) (HOLLYWOODTV) - NBA legend Julius "Dr. J" Erving did not bother to respond to a lawsuit claiming he defaulted on a huge loan and now he's lost the case and has been ordered to pay the money. According to documents filed in Georgia, "Dr. J" took out a loan in 2009 from Georgia Primary Bank. The original loan was $1,000,000 and Erving had an outstanding balance of $210,705.71 which was never paid. The bank made repeated requests for the balance and when they were ignored, they filed a lawsuit in October 2011. The lawsuit went ignored as well and a Georgia court ordered Erving to pay $230,286.86, the original balance, plus $19,581.15 in interest.

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